Wall Street opens mixed.
The mood on Wall Street seems a bit awaiting. Investors mainly look forward to the annual conference of the American Federal Reservewho from Thursday in Jackson Hole is held.
Palo Alto Networks Is firm in the plus and wins almost 7 percent after better than expected quarterly figures. The prospects are also strong. Founder and technical director Nir Zuk announced his retirement.
The Chinese producer of electric cars Xpengwith also a listing in the US, wins more than 1 percent. The company comes with a smaller than expected quarterly loss and knows how to exceed the sales expectations.
Home Depot wins almost 3 percent. The largest do-it-yourself chain in the world saw similar sales grow by only 1 percent in the second quarter. That was less than expected. The profit was also disappointing. Due to the high interest rate, many Americans make the purchase of a new house and major renovations that require financing. The taxes of Trump and economic uncertainty also cause restraint among consumers. Home Depot did maintain expectations for the entire year. Industryist Lowe’swhich comes with numbers on Wednesday, rises 2 percent.
Bee Viking Holdings it runs a little less. The luxury cruises provider loses more than 2 percent. The profit and turnover are neatly in line or slightly above expectations, but investors respond lukewarm. The company announces that it will yield six new river cruise ships this year.